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Cerulli: Indexed Annuity Sales Will Soon Eclipse Those Of Variable Annuities

TedTed
in The Bullpen
FYI: Indexed annuities are set to overtake variable annuities in sales within the next three years, according to Cerulli Associates, continuing an ascent over the past several years that has steadily eroded variable annuities' market share.

Variable annuity sales of $95.6 billion in 2017 were down 48% from their high in 2007, according to Limra, an insurance industry group. Product sales have declined for six consecutive years. Last year was the first time in two decades sales had been below $100 billion.
Regards,
Ted
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